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In the recent literature, several hypotheses have been put forward in order to explain the decline of contributions in repeated public good games. We present results of an experiment which allows to evaluate these hypotheses. The main characteristics of our experimental design are a variation of...
Persistent link: https://www.econbiz.de/10010272953
In the recent literature, several hypotheses have been put forward in order to explain the decline of contributions in repeated public good games. We present results of an experiment which allows to evaluate these hypotheses. The main characteristics of our experimental design are a variation of...
Persistent link: https://www.econbiz.de/10003531012
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This paper examines the higher order risk preferences of prudence and temperance for the Koszegi-Rabin (KR) expectations-based reference dependent model. Our analyses reveal that higher order risk attitudes exhibited by a KR decision maker in experimental research depend on whether risks are...
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